Richard K. Smucker served as the CEO of The J.M. Smucker Company from 2011 until August 2022, playing a critical role in leading this iconic food company known for brands like Jif and Crisco. He holds a Bachelor's degree from...

Current Market Cap

$12.87B

Number of Employees

9K

Total Compensation

2018 - 2022

Trending up by 811.74% last year
Showing total compensation for the last 2018 - 2022

Stock

Up by 1431.97% last year

Salary

Up by 83.46% last year

Bonus

Up by 91.67% last year

Other

Up by 57.12% last year

Year

2022

Total Compensation

$15.16M

Salary

$1.14M

Board Justification

The compensation philosophy is to provide competitive, fair, and equitable compensation that is predominantly performance-based, aligning the interests of executive officers with those of shareholders.

Bonus

$23.00K

Board Justification

Annual holiday bonus equal to 2% of annual base salary, provided to all salaried and hourly non-represented employees.

Other

$199.57K

Board Justification

Includes various perquisites such as personal use of aircraft, financial and tax planning assistance, and employer matching funds under the 401(k) plan.

Restricted Stock

$13.79M(89.3K Restricted Stock)

Board Justification

Restricted stock awards granted on June 15, 2022, which generally ratably vest in equal tranches over a three-year period.

Performance Metrics

Performance metrics include adjusted operating income, net sales, and ESG objectives.

SEC Filing

From June 30, 2023